Unrealised gains and losses on intra-group sales of non-depreciable assets can only be realised by sale outside the group.

Name: Unrealised gains and losses on intra-group sales of non-depreciable assets can only be realised by sale outside the group.
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Question

Quizplus · Accepted Answer

Unrealised gains and losses on intra-group sales of non-depreciable assets are eliminated in consolidation and can only be realised when the asset is sold to an external party outside the group.

Unrealised Gains and Losses on Intra-Group Sales of Non-Depreciable Assets